AI Tokens Post Strong September Gains, NEAR Surges 183%
Artificial intelligence (AI) related cryptocurrencies outperformed the broader digital-asset market in September, according to Grayscale. The firm reported that AI-related tokens rose 54% in September, while the overall cryptocurrency market gained only 24%. This means AI-related tokens outpaced the overall market by a significant margin of 30 percentage points.
Near Protocol's (NEAR) token was among those leading the rally, surging 183% in September. NEAR outshone other AI-related cryptocurrencies, contributing to the strong gains seen during this period.
The strong performance of AI-related tokens is notable, especially given their volatility in recent months. However, it's essential to approach these results with caution and consider multiple factors before making any investment decisions.